{"id":55528,"date":"2026-03-17T08:26:24","date_gmt":"2026-03-17T08:26:24","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=55528"},"modified":"2026-03-17T08:26:24","modified_gmt":"2026-03-17T08:26:24","slug":"massive-22337-bitcoin-buy-for-1-57b-sets-new-record","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/massive-22337-bitcoin-buy-for-1-57b-sets-new-record\/","title":{"rendered":"Massive 22,337 Bitcoin Buy for $1.57B Sets New Record"},"content":{"rendered":"\n

In a significant move within the cryptocurrency realm, treasury firm Strategy has successfully acquired a vast quantity of 24,000 BTC<\/strong>, marking it as one of the most notable purchases in its history.<\/p>\n

<\/span>Strategy Bolsters Bitcoin Reserves with $1.8 Billion Acquisition<\/span><\/h2>\n

Recently, co-founder Michael Saylor took to X to announce the company\u2019s latest venture into Bitcoin, revealing that Strategy has added 24,000 BTC<\/strong> to its portfolio. This ambitious buy has placed Strategy firmly in the spotlight as it continues to grow its holdings.<\/p>\n

The previous substantial acquisition occurred in April 2024, where Strategy added 60,000 BTC, eclipsing all other purchases within that same timeline. This enhances the company\u2019s status as a pivotal player in the Bitcoin acquisition landscape, especially considering they previously made a larger purchase of 30,000 BTC in 2021, establishing this latest acquisition as the second largest to date.<\/p>\n

Financially, this recent transaction was accomplished at an average price of $75,000 per token, accumulating to a total cost of approximately $1.8 billion. While this acquisition is a substantial addition in BTC terms, in USD it stands as approximately the 7th largest due to modifications in market rates over time.<\/p>\n

Saylor has maintained his characteristic cryptic messaging, teasing this acquisition with a playful caption on Sunday, urging fans to “Expand Your Crypto Horizons.” This aligns with the company\u2019s ongoing strategy of strategic accumulation amidst fluctuating market conditions.<\/p>\n

The funding for this purchase was sourced from the company’s recent stock offerings, as disclosed in documentation filed with the SEC. Following this latest acquisition, Strategy now possesses a total of 785,000 BTC<\/strong>, which constitutes nearly 4% of the total Bitcoin available in circulation.<\/p>\n

Overall, the company has invested around $60 billion<\/strong> into its Bitcoin holdings. Despite an average cost basis significantly above current prices, the overall financial outlook has improved thanks to recent market uptrends.<\/p>\n

In the context of these developments, rival firm Bitmine has also made headlines with its recent Ethereum acquisition, as disclosed in a press release<\/strong>. The firm has augmented its ETH holdings by 65,000 ETH<\/strong>, exceeding its previous weekly average. Bitmine has expressed an optimistic outlook regarding Ethereum’s market trajectory as it heads toward recovery.<\/p>\n

Currently, Bitmine manages a total of 4,700,000 ETH<\/strong>, reflecting a share of 4.2% of the total supply, while targeting a long-term goal of 5% to solidify its presence in the Ethereum ecosystem.<\/p>\n

<\/span>Current BTC Market Overview<\/span><\/h2>\n

As of this moment, Bitcoin\u2019s market price stands at approximately $75,750<\/strong>, reflecting an uptick of 8% over the past week.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

In a significant move within the cryptocurrency realm, treasury firm Strategy has successfully acquired a vast quantity of 24,000 BTC, marking it as one of the most notable purchases in its history. Strategy Bolsters Bitcoin Reserves with $1.8 Billion Acquisition Recently, co-founder Michael Saylor took to X to announce the company\u2019s latest venture into Bitcoin, […]<\/p>\n","protected":false},"author":14,"featured_media":55529,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Massive 22,337 Bitcoin Buy for $1.57B Sets New Record - Bitrabo","description":"In a significant move within the cryptocurrency realm, treasury firm Strategy has successfully acquired a vast quantity of 24,000 BTC , marking it as one of the"},"footnotes":""},"categories":[316],"tags":[19028,3923,448,19029,2946,1285,1990],"class_list":["post-55528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-1-57b","tag-adds","tag-bitcoin","tag-fifthlargest","tag-history","tag-purchase","tag-strategy"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/55528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=55528"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/55528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/55529"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=55528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=55528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=55528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}